Reported 12 months ago
Traders in Taiwan are reconsidering their expectations for aggressive policy tightening, as the island's central bank's hawkish actions maintain swap rates near all-time highs. With Taiwan's one and two-year swap rates trading close to peaks and the market pricing in multiple rate hikes, some strategists suggest there may be room for yields to decrease. Recommendations for receiving front-end rates have been made amid softer domestic inflation and potential Federal Reserve rate cuts later in 2024.
Source: YAHOO